ExxonMobil Corporation $XOM Shares Newly Acquired by Montaka Global Pty Ltd

Posted by Francis Steltz on Nov 11th, 2026

Montaka Global Pty Ltd acquired a new stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 53,000 shares of the oil and gas company’s stock, valued at approximately $8,626,000. ExxonMobil comprises approximately 3.4% of Montaka Global Pty Ltd’s portfolio, making the stock its 11th biggest holding.

Several other large investors have also modified their holdings of XOM. Boston Trust Walden Corp bought a new position in shares of ExxonMobil during the 3rd quarter worth about $76,285,000. Assetmark Inc. increased its stake in ExxonMobil by 8.3% in the first quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock valued at $83,525,000 after acquiring an additional 37,666 shares during the period. Charles Schwab Trust Co increased its stake in ExxonMobil by 392.9% in the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock valued at $16,710,000 after acquiring an additional 97,424 shares during the period. CV Advisors LLC raised its position in ExxonMobil by 126.7% in the second quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock worth $1,584,000 after purchasing an additional 6,478 shares in the last quarter. Finally, Partners Wealth Management LLC acquired a new position in ExxonMobil in the third quarter worth about $3,317,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

XOM has been the subject of a number of analyst reports. Royal Bank Of Canada restated a “sector perform” rating and set a $180.00 price target (up from $160.00) on shares of ExxonMobil in a research note on Monday, September 21st. Wells Fargo & Company increased their target price on ExxonMobil from $182.00 to $189.00 and gave the stock an “equal weight” rating in a report on Monday, November 2nd. UBS Group raised their target price on ExxonMobil from $199.00 to $213.00 and gave the stock a “buy” rating in a research report on Monday, November 2nd. Jefferies Financial Group raised their target price on ExxonMobil from $184.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Finally, JPMorgan Chase & Co. boosted their price target on ExxonMobil from $158.00 to $166.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $170.38.

View Our Latest Research Report on ExxonMobil

ExxonMobil Trading Down 0.2%

XOM opened at $164.42 on Wednesday. ExxonMobil Corporation has a 1-year low of $114.19 and a 1-year high of $188.50. The stock has a market capitalization of $670.71 billion, a PE ratio of 16.90, a PEG ratio of 0.82 and a beta of 0.16. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11. The firm has a 50-day moving average price of $169.06 and a two-hundred day moving average price of $155.72.

ExxonMobil (NYSE:XOM – Get Free Report) last announced its earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $0.11. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. The company had revenue of $110.50 billion for the quarter, compared to analyst estimates of $104.89 billion. During the same period in the prior year, the business earned $1.88 earnings per share. As a group, equities analysts anticipate that ExxonMobil Corporation will post 13.34 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be given a $1.07 dividend. This is a boost from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date is Monday, November 16th. This represents a $4.28 annualized dividend and a yield of 2.6%. ExxonMobil’s dividend payout ratio is presently 43.99%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: ExxonMobil signed a preliminary agreement to evaluate oil opportunities in Venezuela, potentially opening access to significant resources and future production growth. The deal is only exploratory, however, and does not mean the company is returning to full-scale operations. Reuters article
Neutral Sentiment: The Venezuela opportunity comes with substantial political and asset risks: ExxonMobil has previously lost assets there, and its CEO had called the country “uninvestable.” That history may limit how quickly the company commits capital. The Motley Fool article
Negative Sentiment: Energy stocks were falling before Tuesday’s open, suggesting sector-wide weakness that could pressure XOM independently of company-specific news. Energy sector update
Negative Sentiment: ExxonMobil paused work on its planned Texas hydrogen facility amid weak customer demand and uncertainty about federal funding. The delay raises questions about the timing and growth prospects of its low-carbon business. Yahoo Finance article

About ExxonMobil

(Free Report)

ExxonMobil is an integrated energy and chemical company with operations spanning the oil and natural gas value chain. Its businesses explore for and produce crude oil and natural gas, refine and market fuels, and manufacture chemicals and other specialty products. The company’s products include gasoline, diesel, jet fuel, lubricants, petrochemical feedstocks and materials used in a wide range of consumer and industrial applications. ExxonMobil also pursues lower-emission solutions, including carbon capture and storage, hydrogen and lower-emission fuels.